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Blockchain-based prediction markets are drawing in more speculators as traders hunt for returns that can beat simply holding spot cryptocurrencies, according to a new report.Prediction markets are emerging as a new speculative arena for traders, pitting casual retail participants against data-driven, professional traders, creating “extreme information asymmetry and meaningful arbitrage windows,” according to a Monday report from crypto research company 10X Research.While sports bets account for the lion’s share of activity on these platforms, Bitcoin (BTC) and crypto-outcome related events are presenting more niche opportunities that digital asset traders can’t ignore, according to 10X.“It is a valuable reminder that nearly…

SocialChain Inc., the company behind Pi Network, is facing a $10 million lawsuit after an investor accused it of orchestrating a fraud scheme.The complaint alleges that the company conducted unauthorized token transfers, secretly sold 2 billion Pi tokens, and deliberately delayed network migration. These actions reportedly triggered a dramatic collapse in the token’s price.Sponsored SponsoredFederal Securities Fraud Lawsuit Challenges Pi Network LeadershipAccording to court documents, the lawsuit was submitted on October 24 in the US District Court for the Northern District of California. It is assigned to Judge Nathanael M. Cousins. The complaint targets Pi Network founders Chengdiao Fan and…

XRP’s price has continued to chop, trading sideways, which has impacted the price of the U.S. spot ETFs that provide exposure to the altcoin. Canary Capital’s XRP fund has crashed 20% since its launch, although this fund remains the largest by assets under management (AuM).  XRP’s Sideways Price Action Leads To Spot ETF Crash The XRP price has continued to trade within a tight range, just above the psychological $2 level, sparking bearish sentiment among investors. The altcoin is down over 10% in the last month, around the time the first spot XRP ETF, Canary’s fund, launched. This bearish price…

The devaluation of the US dollar is becoming a major concern for Americans, as indicated by a recent surge in online searches. Google searches for dollar “debasement” soared this quarter to the highest level in history, reported BarChart on Sunday. The chart, sourced from Bloomberg and Google Trends, has been widely shared across crypto social media today. A search for the keyword “debasement” on Google Trends actually shows that it spiked in 2012 and has spiked again recently as fears grow. Searching for the term “dollar debasement” shows the highest ever levels in recent weeks in the United States. Google…

Bitcoin price plunged to $88,000s on Friday, down over 4% in the past 24 hours. The cryptocurrency is trading near its seven-day low of $88,091, and about 4% below its seven-day high of $92,805.  The global market capitalization for Bitcoin now stands at $1.77 trillion, with a 24-hour trading volume of $48 billion. Despite the recent drop, Wall Street bank JPMorgan remains bullish on the Bitcoin price over the long term. The bank continues to maintain its gold-linked volatility-adjusted BTC target of $170,000 over the next six to twelve months.  Analysts say the model accounts for fluctuations in price and…

Strive Asset Management is pushing back against MSCI’s latest proposal. The index provider suggested removing companies with bitcoin holdings over 50% of total assets from major equity benchmarks. In a letter to MSCI CEO Henry Fernandez, Strive warned the plan could create uneven results worldwide. Companies report bitcoin differently under U.S. GAAP and IFRS accounting standards. Strive said this could lead to inconsistent outcomes for firms with similar exposure. The Nasdaq-listed firm urged MSCI to rely on optional “ex-digital-asset treasury” index variants instead of redefining eligibility for broad benchmarks. These custom indexes already exist for sectors like energy and tobacco.…

The new fund, TXXS, gives traders 2x daily exposure to SUI.21Shares on Thursday, Dec. 4, listed a new exchange-traded fund (ETF) offering the first-ever leveraged exposure to Sui (SUI) on the Nasdaq. The fund, called TXXS, was recently approved by the U.S. Securities and Exchange Commission (SEC) and gives traders double the daily price movement of Sui without holding the token directly.The ETF is the first product of its kind tied to the Sui ecosystem and arrives as the SEC continues reviewing 21Shares’ separate application for a spot Sui ETF, the firm said in an announcement.SUI, the native token of…

Bitcoin’s recent price movements have brought attention to the $84,000 range, where a large amount of buying activity was recorded. This zone may now act as a key support level as traders assess whether the market has formed a new base. Heavy Accumulation Around $84,400 Data from Glassnode, shared by analyst Ali Martinez, shows that 300,648 BTC were acquired between $84,375 and $84,635 as of December 3, 2025. This level saw the highest concentration of accumulation during the recent pullback, making it a clear area of interest for long-term holders. 300,648 Bitcoin $BTC were accumulated around $84,400, making it a…

In brief The European Commission launched an antitrust investigation into Meta’s policy which blocks AI providers from using WhatsApp’s business tools to offer chatbots when AI is the primary service. Meta’s policy change allows its own Meta AI to remain accessible on WhatsApp while potentially shutting out competitors from reaching customers through the messaging platform. The probe covers the entire European Economic Area except Italy, investigating whether the company violated competition rules prohibiting abuse of dominant market positions. Europe’s competition regulator has opened a formal investigation into tech giant Meta over policy changes that allow the company’s own AI chatbot…

In brief Italy’s financial watchdog cited rising risks from crypto’s deepening ties to mainstream finance and fragmented international oversight. The probe will examine protections for retail investors in both direct and indirect crypto holdings. Experts warn Europe’s tighter supervision will raise compliance costs but offer regulatory certainty and competitive advantages over looser jurisdictions. Italy has opened an “in-depth review” of retail investors’ crypto exposure as digital assets gain traction in mainstream markets and patchwork rules complicate oversight.The Macroprudential Policy Committee, made up of the Bank of Italy’s governor, insurance and pension regulators, and treasury officials, warned Thursday that risks could…